GFM Network News


U.S. livestock: Cash price uncertainty weakens CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle lost ground on Tuesday after investors exercised caution in advance of this week’s prices for market-ready, or cash, cattle, said traders. There may have been some disappointment after initial bids for cash cattle came in below last week’s sales, a trader said. On Tuesday packers had […] Read more



U.S. livestock: Cattle, hogs rise on investment fund buying

Chicago | Reuters –– U.S. livestock futures rose on Wednesday, with lean hogs bouncing from Tuesday’s roughly three-week low on technical and investment fund buying, traders and analysts said. Live cattle futures climbed to a 1-1/2 week high at the Chicago Mercantile Exchange, further buoyed by positioning ahead of a monthly U.S. Department of Agriculture […] Read more




U.S. livestock: Cattle, hog futures rise

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures rose on Wednesday, supported by steady-to-higher early-week cash prices, traders said. Hogs drew support from higher cash and wholesale pork prices. Futures were further supported by lower week-over-week hog weights. It’s a “good sign that these weights are coming down,” said Dan Norcini, an independent […] Read more


U.S. livestock: CME live cattle, hogs end mostly firmer

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts closed firmer on Wednesday as investors digested initial prices for slaughter-ready, or cash, cattle while bracing for hefty supplies ahead, said traders. Market participants are also monitoring forecasts for a weekend snowstorm in the northern U.S. Plains that could disrupt livestock production in the […] Read more




U.S. livestock: Supply buildup fears undercut CME live cattle

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Tuesday finished lower as concern about increased supplies ahead yanked the market from early-session highs, traders said. Investors exercised caution while waiting for the bulk of slaughter-ready, or cash, cattle in the U.S. Plains to change hands this week. April ended 0.4 cents/lb. lower […] Read more